Grattan Institute can’t handle the immigration truth

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Last week, the head of the ACTU, Sally McManus, dared say that the sharp fall in Australia’s unemployment rate has been caused primarily by the collapse in immigration:

This Tweet was met with furious opposition from several economists, who claimed the collapse in immigration has little to do with Australia’s strong labour market, of whom I comprehensively demolished.

Yesterday, the Grattan Institute joined the attack against McManus, penning a strawman article in The Conversation claiming that “shutting down immigration did not kickstart the economy”:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.